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PAINE/WETZEL REPRESENTS GROWING INDUSTRIAL MANUFACTURER

Paine/Wetzel TCN Worldwide (PW) is pleased to announce that Senior Vice President Phil Reiff, Sr. and Senior Associate Phil Reiff recently represented Oakley Industrial Machine in the 35,791-square-foot-lease at 1601 Lunt Avenue in Elk Grove Village.

 

Paine/Wetzel TCN Worldwide (PW) is pleased to announce that Senior Vice President Phil Reiff, Sr. and Senior Associate Phil Reiff recently represented Oakley Industrial Machine in the 35,791-square-foot-lease at 1601 Lunt Avenue in Elk Grove Village.

Oakley Industrial Machine is a 70-year-old firm that provides machinery, support and consulting to the tubular electric heating element industry. The firm is relocating from 930 Lee Street also in Elk Grove Village. The new lease represents an expansion for the firm. The property features 5,000 square feet of office, an 18-foot clear ceiling height, three interior docks and one drive-in-dock. 

The landlord, Colony Capital, Incorporated, was represented by Chris Nelson of Lee & Associates.